Jump Trading

Prominent market maker Jump Trading has continued its aggressive selling of Ethereum (CRYPTO: ETH), having transferred another 11,500 ETH to a selling address. What Happened: This brings the total amount of the crypto sold in recent weeks to over 36,000, but, according to blockchain sleuth EmberCN...

The ongoing trial involving Terraform Labs, the company behind the algorithmic stablecoin UST (CRYPTO: USTC), took a dramatic turn on Monday with the testimony of James Hunsaker, a former employee of Jump Trading. According to a series of social media posts by journalist Alexander Osipovich,...

Messaging protocol Wormhole announced on Monday a raise of $225 million, reaching a valuation of $2.5 billion. This funding round saw participation from major investors such as Brevan Howard, Coinbase Ventures, Multicoin Capital, Jump Trading and others. Messaging protocol...

The U.S. Securities and Exchange Commission's (SEC) legal documents have substantiated that Jump Trading, a crypto trading entity, played a pivotal role in rescuing the struggling algorithmic stablecoin TerraUSD (CRYPTO: USTC), spearheaded by Do Kwon, a year prior to its eventual downfall. Jump...